Not really anything to dispute in this, bearing in mind we have had all the guidance that the EU institutions are prepared to give on the matter, but some interesting reference points on
- ORSA-type activity in other jurisdictions,
- Operationalising (my made-up word, not theirs!) risk appetite,
- Creating a positive risk culture,
- Modelling considerations, plus a nice slide on the difference in scope between "current actuarial models" that just spew out TPs and internal models
- An ORSA 'health check'